Government mandates, launch of 3G & 4G networks, new income opportunities for Mobile Network Operators and declining module prices have catalyzed the market for global cellular M2M modules. Also, with the increasing demand for handheld devices such as smartphones and tablet PC’s the market is expected to propel in the coming years.

Cellular Machine to Machine (M2M) modules can be classified as GPRS, EDGE, CDMA2000, UMTS/HSPA, WiMAX and LTE modules. GPRS modules and EDGE modules have captured major share of the market, however UMTS/HSPA, WiMAX and LTE modules are expected to drive the future growth of the market. Cellular M2M modules are getting deployed across industry verticals such as utilities, security, automotive, transport & logistics, networking, banking & financial services and healthcare.

According to 6Wresearch, global cellular M2M modules market generated $888.2 million in 2011 and is expected to reach $2,324.7 million by 2017, with a CAGR of 17.3% from 2012-2017. The shipments of cellular M2M modules are expected to reach 145.3 million by 2017, with a CAGR of 22.9% for the same period. Amongst vertical market, automotive, transport & logistics accounts for largest share. The key players of the market are namely, Sierra Wireless, Gemalto, Telit, SimCom and Novatel Wireless.

About Daniel

I’m an high tech enthusiastic. I love technology and how it makes our lives exciting. I’m always fascinated to see when technology exceeds our imagination and never stop to evolve. M2M (or Machine to Machine as some people call it) is where I believe the future lies. In the last decade alone the utilization of technology allowing machines to talk to each other become somewhat a phenomena which now days integrates to almost every aspect of our lives (in some cases without even know it). Here at the M2M Daily, we try to keep you up to date with everything M2M – Enjoy!

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